Gold & Silver Price Today in China
Live prices per tael in CNY
Live gold and silver prices in China in CNY. Gold karats 24/22/21/18/14K and silver purities 999/925/900 — updated daily.
🥇 Gold Price — China
| Karat | Per Tael (CNY) |
|---|---|
| 24K | |
| 22K | |
| 21K | |
| 18K | |
| 14K |
CNY/tael
CNY/tael
CNY/tael
CNY/tael
CNY/tael
21K Gold — 7-Day Chart (CNY/tael)
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Silver Price Today in China
Fine 999, Sterling 925 and Coin 900 silver prices in CNY per tael, ounce and kilo. Updated daily from live XAG/USD rates.
| Purity | Per Tael (CNY) |
|---|---|
Fine 999 Silver — 7-Day Chart (CNY/tael)
Gold in China
China is the world's largest gold consumer, driven by a deeply ingrained savings culture and surging middle-class demand for jewelry. Prices are quoted in Chinese Yuan (CNY) and traditionally expressed per tael (37.799 grams) in wholesale markets, though retail often uses per-gram pricing. The People's Bank of China is also one of the world's largest official gold buyers, adding institutional demand to the massive retail base.
Local Market Context
China's gold market is large and formal, centered on the Shanghai Gold Exchange (SGE) — the world's largest physical gold exchange by volume. Major retail chains like Chow Tai Fook, Lao Feng Xiang, and China Gold dominate the retail landscape with thousands of outlets nationwide. Beijing's Caishikou Gold Market and Shanghai's Old City Bazaar are iconic consumer destinations.
Taxes & Duties on Gold in China
China applies no import duty on gold but levies a 13% VAT on gold products sold through retail channels. The Shanghai Gold Exchange is exempt from VAT, making wholesale gold competitive with international prices. Freshgoldprice.com's displayed retail prices include the 13% VAT. Investment gold bars sold through banks carry the same VAT treatment.
Buying Tips for China
Buy from licensed chain stores (Chow Tai Fook, China Gold, Lao Feng Xiang) to guarantee hallmarking and purity certification. Gold is sold by weight — confirm the exact gram weight and karat (chengse) before purchase. 24K (足金, pure gold) pieces are common for investment; 18K is used for fashion jewelry. Keep receipts for future resale through the same chain, which offers buyback programs.
Gold as an Investment in China
China offers diverse gold investment vehicles: physical bars and coins from PBOC-authorized banks, Gold ETFs on Shanghai and Shenzhen exchanges, gold savings accounts (积存金), and futures on the Shanghai Futures Exchange (SHFE). Physical gold bars from ICBC, CCB, and other major banks are hallmarked and easily resaleable. The SGE's AU9999 contract is the domestic benchmark.
Gold & Silver Price FAQ — China
- What is the gold price per gram in China today?
- The current gold price per gram in China is shown in the gold table above in CNY, sourced from international XAU/USD spot rates converted to local currency.
- Which gold karat is most popular in China?
- 24K gold is highly preferred in China as a store of value and for jewellery. The price is shown in the table above in CNY per tael.
- How are gold karats calculated?
- Pure gold is 24K. Price per tael of each karat = 24K price × (karat ÷ 24). So 24K gold = 100% pure gold.
- What is the silver price per gram in China today?
- The current silver Fine 999 price per gram in China is shown in the silver section above in CNY, updated daily from live XAG/USD spot rates.
- What is the difference between Fine 999 and Sterling 925 silver?
- Fine 999 silver is 99.9% pure and is the standard for investment bars and bullion. Sterling 925 is 92.5% silver alloyed with copper, widely used for jewelry and silverware.
- What is a tael of gold in China?
- A tael equals 37.799 grams — the standard unit for gold pricing in China.
- Does the gold price in China include VAT?
- Yes. China charges 13% VAT on gold jewellery — already factored into the price above.
- What is the Shanghai Gold Exchange and why does it matter?
- The Shanghai Gold Exchange (SGE) is the world's largest physical gold exchange by volume. It sets the Chinese gold benchmark price (Shanghai Gold Fix, twice daily in CNY) which increasingly influences global gold pricing, especially for Asian markets.
- What karat is most popular in China?
- 24K (足金, 99.9%+ pure gold) is the most popular karat for Chinese jewelry and investment pieces, prized for its deep yellow color and purity symbolism. 18K (K金) is growing in popularity for diamond-set fashion jewelry.
- Is there a VAT on gold in China?
- Yes. Retail gold products in China carry a 13% VAT. The Shanghai Gold Exchange wholesale market is VAT-exempt, which is why institutional prices differ from retail. Investment bars bought through banks include VAT in the displayed price.